The Future of Africa

  1. Advancement in Technology & Internet
  2. Significant Population Growth
  3. Access to Renewable Cheap Energy
  4. Political Landscape Continues to Change
  5. Sustainable Food & Healthcare Systems
  6. Significant Foreign Investment

Understanding who you are?

What Really Makes You Happy?

What are Your Personal Core Values?

How Would a Friend Describe You?

Who are Your Mentors & Role Models ?

What Can You Work On to Improve Yourself ?

Living a Balanced Life

What Really Makes You Happy?

What are Your Personal Core Values?

How Would a Friend Describe You?

Who are Your Mentors & Role Models ?

What Can You Work On to Improve Yourself ?

Make some money but don’t let money make you. – Tanzania

Habits of Successful Entrepreneurs

Passionate & Self Motivated

Risk Taker & Vision for Future

Hard Worker & Believe in Yourself

Business Planning & Cash Management

Networking & Can Sell/Motivate Others

How will you run your business?

Ownership

Responsibility

Accountability

Reward

Stewardship

The responsible overseeing and protection of something considered worth caring for and preserving.

Before Getting Started – Ask Yourself

Do You Really Have the Time ?

Does Your Idea Solve a Problem or Entertain Others?

Does Your Business Idea Already Exist?

Are There Regulations That Make it Difficult?

Who Else Should Be Involved Right Now?

“If you want to go fast, go alone. If you want to go far, go together.”

(African Proverb)

Where to make money?

  1. Agriculture & Food Supply
  2. Healthcare & Disease Management
  3. Technology That Makes Life Easier
  4. Electricity Solutions & Services
  5. Making Existing Products & Services Better

Looking for a great idea?

For Entrepreneurs.com
– Great Tools for Brainstorming & Starting a New Business

Product Hunt.com
– Online Community for New Products & Tech Ideas

Start Up Stash.com
– Great Starting Point, Many Free Tools & Directories

How to Research Your Business Idea

What Is the Market for Your Idea? (Who Will Buy It)

Who Is Your Competition? (How Will You be Better)

Can You Develop a Prototype or Test (Prove It)

What Problem Will It Solve? (Why Valuable)

Source of Your Research Is Accurate (Credibility)

“A wise person will always find a way.”

(Tanzanian Proverb)

Building a Business Plan

  1. Executive Summary & Business Description
  2. Market Research & Competition
  3. Sales & Marketing Plans (External )
  4. Operations & Management Plan (Internal)
  5. Financial Statements & Assumptions

Top Business Plan Mistakes

  1. Completing the Business Plan Thoroughly
  2. Plan is Poorly Presented and Not Professional
  3. Having Unrealistic Financial Estimates
  4. Focusing Too Much Effort On The Future
  5. Not Sharing Your Plan With Others for Edits

Building a Great Website

  1. Simple & Sensible Web Address
  2. Clear Description of Your Value
  3. Easy To Navigate Web Pages
  4. Fresh & High Quality Content
  5. Secure & Reliable Hosting Platform

Building a Mobile App

What is FbStart?

FbStart is a program from Facebook that helps mobile startups succeed. Together with some great partners, we’re offering a package of free tools and services designed to help you build and grow your mobile app. We also provide year round mentorship opportunities to connect directly with the Facebook team as well as an exclusive community of global startups both online and offline.

Loan Application Process

Who Is Eligible For a Loan ?

What Types of Loans are Available?

What Personal Information is Necessary?

What are Repayment Terms & Interest Rates ?

What Type of Experience/Business Plan is Required?